SEC Form 4 · accession 0001140361-15-018936
HEALTHEQUITY, INC. · HQY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darcy G Mott
Officer — Executive VP and CFO
Period of report
May 11, 2015
Accepted (ET)
May 11, 2015 · 9:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001428336
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 11, 2015 | M | 140,000 | $0.10 | A | 142,000 | D | |
| Common Stock | May 11, 2015 | S | 120,000 | $24.864 | D | 22,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $0.10 | May 11, 2015 | M | 140,000 | D | — | Jun 20, 2017 | Common Stock | 140,000 | 260,000 | D |
Explanation of responses
- F1As previously reported in the reporting person's Form 3, the option grant had a $1.10 exercise price upon issuance. The $1.10 exercise price was automatically adjusted to $0.10 on August 4, 2014 as a result of the occurrence of an event specified in the terms of the option grant at the time of its issuance.
- F2The option became exercisable in four equal installments on April 3, 2010, June 20, 2010, June 20, 2011 and June 20, 2012.